LPL Financial LLC increased its holdings in Carvana Co. by 32% in the first quarter, bringing its total shares to 56,441, valued at approximately $11.8 million. Ernest C. Garcia II, a major shareholder, sold 100,000 shares at $359.63 per share, resulting in a 0.29% decrease in ownership. Other institutional investors such as Transce3nd LLC, Versant Capital Management Inc, Gordian Capital Singapore Pte Ltd, Shell Asset Management Co., and IFP Advisors Inc. also made notable changes to their positions. Analysts have updated price targets for Carvana, with a consensus average of $379.65 and a majority of 'buy' ratings. Carvana reported strong quarterly earnings, including $1.28 EPS and $4.84 billion in revenue, exceeding estimates. The company has a market cap of $74.98 billion and operates an e-commerce platform for used car sales in the United States.

Major shareholder Ernest C. Garcia II sold 100,000 shares of Carvana Co. for approximately $36 million, reducing his ownership to 34.74 million shares. Carvana reported strong quarterly earnings of $1.28 per share, exceeding analyst expectations, with a 41.9% year-over-year revenue increase to $4.84 billion. The company also posted a net margin of 3.46% and a return on equity of 40.57%. Following the shareholder activity, several analysts upgraded Carvana's stock ratings, including Bank of America, which raised its target price to $425 from $375 and maintained a 'buy' rating. Institutional investors collectively own 56.71% of the company's stock. Carvana operates an e-commerce platform for buying and selling used cars in the United States, leveraging 360-degree imaging and digital financing tools.

ASR Vermogensbeheer N.V. has purchased 7,698 shares of Carvana Co. (NYSE: CVNA) valued at approximately $1.6 million, signaling a major institutional investment in the company. Carvana reported strong earnings with $1.28 EPS, exceeding estimates and a 41.9% year-over-year revenue increase to $4.84 billion. The company also reported a net margin of 3.46% and a return on equity of 40.57%. Insiders have sold over 2.9 million shares worth $1 billion in the past 90 days, including significant sales by major shareholders Ernest C. Garcia II and another major shareholder. Carvana's stock traded down to $348.43 during mid-day trading, with a market cap of $74.98 billion and a P/E ratio of 87.33. Wall Street analysts have upgraded the stock, with Needham & Company assigning a 'buy' rating and a $500 target, while others maintain 'outperform' or 'hold' ratings. The company operates an e-commerce platform for used car sales in the United States, offering 360-degree vehicle inspections, financing, and delivery services.

Carvana Co. (CVNA), an e-commerce platform for buying and selling used cars headquartered in Phoenix, AZ, is highlighted as a top growth stock due to its strong financial performance and favorable investment metrics. The company has seen revenues grow approximately 16-fold from 2017 to 2024, with projected year-over-year bottom-line growth of 218.9% and top-line growth of 35.5% for 2025. Carvana holds a Growth Style Score of A and a VGM Score of B, with a Zacks Rank #3 (Hold). Analysts have revised earnings estimates upward, with a Zacks Consensus Estimate of $5.07 per share and an average earnings surprise of 107.3%. The company also reports a historic cash flow growth of 28.4% and expects 243% cash flow expansion in 2025.

CarMax (NYSE:KMX) is positioned as an attractive investment opportunity due to rising used car demand driven by tariffs on new vehicles, which are pushing up new car prices and increasing demand for affordable used cars. Despite strong first-quarter sales performance and a relatively low market cap of $8.42 billion, the company faces significant credit risks from its $16.8 billion auto loan portfolio, with rising delinquencies, particularly among subprime borrowers. While CarMax reports solid revenue growth and a favorable PE ratio, its low gross and net profit margins, high liabilities, and exposure to economic downturns present substantial risks. The article concludes with a cautious buy recommendation, advising investors to maintain moderate exposure due to high volatility and credit quality concerns, while monitoring competition from Carvana and Amazon's potential entry into the used car market.